5 Money Moves to Make While Interest Rates Today Are at All-time Low, New Consumer Report from GoBankingRates.com

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The superstar interest rates seen in the 1980s and early 90s on long-term savings products are almost unbelievable compared to interest rates today. In order to provide consumers with a way to overcome decreases on current interest rates, renowned personal finance site, http://www.GoBankingRates.com, releases a new consumer report that provides Americans with the best money strategies for depositors looking to maximize their earnings as rates continue to decrease into 2015.

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Whether you’re more interested in squirreling money away or borrowing on credit in the near future, there are beneficial money moves to help you make the most out of your deposit and loan despite low interest rates.

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Interest rates today are expected to settle at near zero through 2015, according to Federal Reserve chairman, Ben Bernanke. To guide consumers toward higher financial gains during these interest rate lows, Go Banking Rates releases a new report on ways Americans can use today’s lowered interest rates to their benefit, earning more with little action.

Borrowing money using loans in such uncertain times has made consumers wary, while bleak deposit rates have left savers discouraged. However, Jennifer Calonia of Go Banking Rates, chief reporter on the study, reassures consumers that there are still opportunities to earn more and save more, despite low rates:

“Whether you’re more interested in squirreling money away or borrowing on credit in the near future, there are beneficial money moves to help you make the most out of your deposit and loan despite low interest rates,” says Ms. Calonia.

The report explains how auto loan refinancing is one way of the best ways low interest rates today are benefiting consumers, as the process costs only $50 - $75 to initiate, yet saves thousands of dollars over the course of an auto loan term.

The Go Banking Rates study offers four other money moves consumers can use to address low interest rates today, including two completely free strategic options.

GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. Go Banking Rates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.

Additionally, Go Banking Rates partners with a number of major media outlets such as Business Insider and US News & World Report to provide compelling and edifying personal finance content, and its expert editors have been featured and quoted on several premier finance websites like Yahoo! Finance, Forbes, The Street, Huffington Post and more.

For questions or comments, or to schedule an interview with a Go Banking Rates editor, please contact Jaime Catmull, Director of Public Relations, at JaimeC(at)GoBankingRates(dot)com, or 310.297.9233 x261.